News

Submitted on by tim

The color pink stood mighty amongst the crystal clear sky above. The pink shirts, pink hats, pink ribbons and everything in between, truly prove that strength is best shown in numbers. Stratton’s role in the Romp to Stomp dates back to the very first event in 2003 and the event continues to grow thanks to the numerous sponsors, volunteers and participants.

Submitted on by tim

Executive Vice President Thomas S Leavitt announced that the newest office of Merchants Bank celebrated its Grand Opening on January 15. The new facility, located at 92 Woodstock Avenue in Rutland, replaces and doubles the capacity of the previously operating branch at that same location.

Submitted on by tim

For a few years now, folks throughout Vermont have been holding various Woodchuck Day celebrations on February 2nd – the most notable being the WDEV Woodchuck Day Competition and live broadcast at Rusty Parker Memorial Park in Waterbury. Phil and the folks in Pennsylvania haven’t been the biggest fans, but hey – in Vermont we do what we want!

Submitted on by tim

KeyCorp CEO Henry L. Meyer III today announced that Key will give $5,000 to Haiti earthquake relief efforts in each of Key s 22 Key Community Bank districts from Maine to Alaska and in selected cities where Key National Bank has a presence. The gift will total $135,000. The donations will be made through a local chapter of the American Red Cross in each location.

Submitted on by tim

A start-up solar panel manufacturer; a homegrown internet marketing firm; and an industrial pump manufacturer have been authorized to earn more than $12.5 million worth of state job creation incentives. A fourth firm's application was denied.

Submitted on by tim

The Orange and Windsor Counties Community Advisory Board of Blue Cross and Blue Shield of Vermont announces the release of its Worksite Wellness Grants for 2010. The grants, available to businesses in Orange and Windsor Counties, will range from $250 -$750 per site, according to program scope and need. The grant applications are due on February 26, 2010.

Submitted on by tim

The Senate Thursday night unanimously passed legislation introduced this week by Vermont Senator Patrick Leahy (D-Vt.) to assist trademark owners in maintaining the protection of their brands. Last year, Vermont s Rock Art Brewery, a small micro-brewery in Morrisville, Vermont, was the subject of such a threat.

Submitted on by tim

Ethan Allen Interiors Inc, a manufacturer and retailer of high-end furniture, has reported a fall in sales and a loss in operating results for the three and six months ended December 31, 2009. Some of the loss is attributable to restructuring, including the closing of the manufacturing operations in its Beecher Falls, Vermont, plant, which resulted in the loss of 260 employees last summer.

Submitted on by tim

ARC Mechanical Contractors of Bradford, Vermont, announced today the acquisition of Montshire Mechanical Services Inc in Lebanon, NH. For 20 years Montshire Mechanical has provided refrigeration and air-conditioning service to the Upper Valley. After years of dedicated hard work, owners Skip Spaulding and Joe Lukash are ready to slow down and enjoy the fruits of their labor.

Submitted on by tim

The Board of Directors of Washington Electric Cooperative (WEC) has called on the Vermont Legislature to vote against authorizing continued operation of the Vermont Yankee nuclear power plant after its current operating license expires in 2012. They further urged legislative leaders to vote on the matter early in this legislative session.

Submitted on by tim

Sabina Haskell, a veteran Vermont communicator, will join FairPoint s Corporate Communications department February 8, 2010, as PR Manager for Vermont. The position has been vacant since November 2009, when Beth Fastiggi was promoted to VP of governmental relations for Vermont.

Submitted on by tim

Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $12.48 million or diluted earnings per share of $2.04 for the year ended December 31, 2009. This compares with net income of $11.92 million or diluted earnings per share of $1.96 for the previous year.